9 JANUARY 2019
Sydney’s Opal Tower has dominated headlines after cracks appeared along a concrete wall in the 38-storey Homebush building in Olympic Park on Christmas Eve. Building defects aren’t unusual in Australian construction, but what the crumbling Opal Tower highlights is the vulnerability of builders and subcontractors of defective buildings and the lack of protections for consumers who buy them. “This is a David-and-Goliath fight no owner expects, or should be expected, to enter into,” Karen Stiles, Owners Corporation Network executive officer, told The Australian Financial Review. “But they are left by a broken system to fend for themselves.”
> Full article at Insurancebusinessmag.com
Mina Martin